The COVID-19 dented hopes of a quick global economic | 18 June 2020

18 June 2020, USD/JPY

USDJPY trading plan:

The COVID-19 cases in some U.S. states and in China dented hopes of a quick global economic comeback from the pandemic. The daily count of infections hit a new high in California and Texas, the two most populous states in the country, while Florida, the third largest, also recorded its second-highest daily increase. Beijing cancelled scores of flights, shut schools and blocked off some neighborhoods as it ramped up efforts to contain a COVID-19 outbreak that has fanned fears of wider contagion.

Trading recommendation: range 107.00 -107.50

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .